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BitBrum • November 19, 2017

  Cryptobates Group and Inspiring Co. are delighted to announce Birmingham’s inaugural BitBrum cryptocurrency and blockchain conference to be held…

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Tag: fiat

Is Wells Fargo Developing A Digital Currency Wall?

Category: Altcoins, Bitcoin, Finance, News

Is Wells Fargo Developing A Digital Currency Wall?

On April 6, two cryptocurrency companies filed a California federal suit against Wells Fargo saying that the megabank is essentially preventing their customers from accessing their money, an estimated $180 million in deposits. iFinex Inc. and Tether Ltd. allege that Wells Fargo recently prevented wire transfers from a number of Taiwanese banks relative to accounts containing their customer funds. This…

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Can Cryptocurrencies Fix A Broken Monetary System?

Category: Altcoins, Bitcoin, Commentary, News

Can Cryptocurrencies Fix A Broken Monetary System?

Let us take a step back from the madness of the COIN ETF, the BU vs. SegWit battle, the transaction crisis and take a look at an interesting report entitled “MONEY, MONEY, MON€Y: Attitudes Toward Credit, Consumption, and Cryptocurrency” and what is driving the adoption of cryptocurrencies. To do this, we have to first look at money in general. Money…

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Nomura Identifies Loss of Faith in Fiat as Grey Swan Catapulting Cryptocurrency

Category: Altcoins, Bitcoin, Business, News

Nomura Identifies Loss of Faith in Fiat as Grey Swan Catapulting Cryptocurrency

In a recent article published by Dagens Næringsliv discussing the financial market ‘Grey Swans’ for 2017 compiled by Nomura Holdings, a prominent Japanese investment bank, “a breakthrough for digital currencies” made the list, based on a scenario of a widespread loss of faith in fiat currency. With the market being thrown off guard by the unexpected occurrence of Brexit as…

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‘Bitcoin Will not Crowd Out Fiat’ says SWIFT

Category: Bitcoin, Commentary, News

‘Bitcoin Will not Crowd Out Fiat’ says SWIFT

While many are optimistic about the disruption virtual currencies such as Bitcoin will have upon fiat currencies, new research from the SWIFT Institute says that will likely not the be the case. According to the paper, “Virtual Currencies: Media of Exchange or Speculative Assets?” SWIFT used a “theoretical model to analyze the dynamic relationship of virtual currency with fiat currency”….

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